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TCFD Report

Task Force on Climate-related Financial Disclosures Interim Report Standard Bank Group

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SBG 2020 Interim Results

for the six months to 30 June 2020

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A message from the FD

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2020 Interim Results Highlights

HEADLINE EARNINGS(Rm)

44%

7 541

1h19: R13 361 million

PRE-PROVISION PROFIT(Rm)

4%

24 295

1h19: R23 336 million

HEADLINE EARNINGS PER SHARE(HEPS)

43%

474 c

1h19: 837 cents

COMMON EQUITY TIER 1 RATIO

 

12.6%

1h19 :14.0% cents

RETURN ON EQUITY(ROE)

 

8.5%

1h19: 16.2%

NET ASSET VALUE PER SHARE

7%

11 265 c

1h19: 10 511 cents

CREDIT LOSS RATIO(CLR)

 

169 bps

1h19: 76 bps

COST TO INCOME RATIO

 

56.4%

1h19: 57.0%

Pre-close Call

30th November, 2020 - 17h00

STANDARD BANK GROUP LTD SHARE PRICE ON THE JSE

Please be aware of a 15 minute delay on this reading

ZAR

R 127.29

Source: JSE LTD

MESSAGE FROM THE FD

Globally, the first half of 2020 has been dominated by the Covid-19 pandemic and the distressing human and economic cost thereof. During this time, we have remained steadfast in support of our clients, our employees and the communities in the countries in which we operate.

Our value proposition

The successful execution of our strategy will deliver a robust business capable of creating sustainable value for all our stakeholders over the long term.

INVESTING IN THE GROUP
Who we are

An African focused, client-centred, digitally enabled integrated financial solutions provider, which drives Africa’s growth and creates value for all our stakeholders.

Key focus areas

These work together to ensure we offer our clients everything they need in the most effective way possible. This is the way we work and the way we win.

Where we are

Presence in 20 sub-Saharan African countries, offices in five key global centres, offshore financial services and a strategic partnership with ICBC.

Measuring our progress

We continue to focus on our key performance indicators ensuring we measure what matters most in delivering our strategy.

RESULTS AND PRESENTATIONS

Our latest reports, disclosures and presentations

ANNUAL REPORTS

The full 2019 suite